QUOTE(Zackwong6167 @ Feb 24 2019, 10:56 PM)
Currently in Dilemma... I have a FD (44k) maturing in early July with dividends of Rm2000.
The questions is...
Should I dump my FD inside ASM1 when dividends is being release early April ? I heard the slots for ASM1 is going to be huge. Or should I wait for my FD dividends and then only put in ASM2 or ASM3?
I second what unker DBHILUHDAQWISRTNJ said.The questions is...
Should I dump my FD inside ASM1 when dividends is being release early April ? I heard the slots for ASM1 is going to be huge. Or should I wait for my FD dividends and then only put in ASM2 or ASM3?
Bear in mind, latest dividend from ASM1 is 6.25% and ASM2 ASM3 6%. Losing 7 months of interest/dividend in favor of 0.25% extra per annum is not worthwhile. Unless you really fancy the difficulty/rarity of ASM1.
I do have 1 or 2 FD maturing last week of Mar. That also I'm still contemplating should or should not wait for ASM1. Whether I get to buy a good amount the next few days will influence my decision between EPF or ASMx. Need to focus on work also.....
QUOTE(dlttdltt @ Feb 24 2019, 11:51 PM)
We are not sure if there will be asm1 available or not after dividend. We just assume only rite. Who knows after dividend still not open coz fund is full.
If Asm is opened then July still can dump in Asm.
I thought after dividend, some people will cash out? Isn't that what everyone is hoping for?If Asm is opened then July still can dump in Asm.
This post has been edited by beLIEve: Feb 25 2019, 12:01 AM
Feb 24 2019, 11:59 PM

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